Cost to Own
United StatesLouisianaRapides ParishPineville Population 14,268 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Pineville, Louisiana

A $183,000 home here costs

$1,509

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $941. The real number is $569 higher every month — 60% more than the payment most buyers budget for.

Pineville median: $182,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $146,400 borrowed $941
Property tax0.366% effective rate for Pineville itself $56
Homeowners insuranceLouisiana averages $2,259/yr (NAIC), or 1.083% of home value $165
Electricity14.15¢/kWh — Louisiana residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $153
Total monthly $1,509

Pineville against Rapides Parish and Louisiana

MeasurePinevilleRapides Parish
Median home value$182,900$179,100
Median property tax$669$1,024
Effective tax rate0.366%0.572%
Median gross rent$876$942
Population14,268128,470

The weather behind that power bill

Pineville sits in Rapides Parish, which averages a high of 93.5°F in its hottest month and a low of 38.9°F in its coldest, with 54.55" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,619 cooling and 1,892 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Rapides Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Rapides Parish

Full Rapides Parish cost breakdown · Every county in Louisiana

Common questions

How much does it cost to own a home in Pineville?

A $183,000 home in Pineville, Louisiana costs approximately $1,509 per month with 20% down at 6.66%. That is $941 principal and interest, $56 property tax, $165 homeowners insurance, $195 utilities and $153 set aside for maintenance.

What is the property tax rate in Pineville?

Pineville has an effective property tax rate of 0.366%, based on a median home value of $182,900 and median real estate taxes of $669. That is lower than the Rapides Parish average of 0.572%.

What is the average home price in Pineville?

The median owner-occupied home value in Pineville, Louisiana is $182,900, against $179,100 across Rapides Parish.

Is it cheaper to rent or buy in Pineville?

Median gross rent in Pineville is $876 a month, against $1,509 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Pineville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Louisiana.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology